Newcastle: Economy & Jobs
$93,398 is the median household income in Newcastle (1.1× higher than McClain County median $84,552; 1.4× higher than Oklahoma median $65,039), with homes at a median value of $271,800. The surrounding county supports 12,439 jobs (avg $47,650).
- $82,249 avg taxable income per return — similar than the median household income (vs Oklahoma $74,344).
Income & Affordability
Median household income $93,398 — above the Oklahoma median ($62,125). Poverty rate 3.8% (U.S. average ~12.5%). 36% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 2.9× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 13.1% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 36.3% |
| Affordability · Poverty Rate | 3.8% |
| Affordability · Property Tax Pct Income | 2.7% |
| Irs Income · IRS tax returns filed | $20,210 |
| Irs Income · Total Adjusted Gross Income (thousands) | $1,662,246 |
| Irs Income · Average AGI per return | $82,249 (vs Oklahoma $74,344) |
| Irs Income · Year | 2022 |
| Income Estimate | $110,892 |
| Median Household Income | $93,398 (vs Oklahoma $62,125) |
| Poverty Rate | 3.8% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | white_collar |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $93,398 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.8% — below the U.S. average of ~4%. 11% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 27.50 |
|---|---|
| Commuter Profile · Work From Home Pct | 11.0% |
| Commuter Profile · Profile | moderate commute |
| Employment · Avg annual employment (county) | 12,439 |
| Employment · Total annual wages (county) | $592,722,171 |
| Employment · Average annual pay | $47,650 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 1,664,310 |
| Unemployment Rate | 1.8% (vs Oklahoma 3.1%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 21 |
|---|---|
| Agriculture · Land In Farms Acres | 236,168 |
| Agriculture · Avg Farm Size Acres | 11,246.10 |
| Agriculture · Top Commodities | Sod, Animal Totals, Equine, Cattle, Crop Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 956 |
| Business Patterns · Total Employees | 8,616 |
| Business Patterns · Annual Payroll Thousands | 355,529 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Convenience Stores | 4 |
|---|---|
| Local Businesses · Liquor Stores | 6 |
| Local Businesses · Gas Stations | 27 |
| Local Businesses · General Merchandise | 9 |
| Local Businesses · New Car Dealers | 4 |
| Local Businesses · Used Car Dealers | 3 |
| Local Businesses · Beauty Salons | 7 |
| Local Businesses · Auto Repair | 9 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 29 |
|---|---|
| Dining Scene · Fast Food | 33 |
| Dining Scene · Bars | 4 |
| Dining Scene · Coffee Snacks | 9 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (5)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | DOLLAR GENERAL 0122 |
|---|---|
| Nearest Snap · Total In Area | 11 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | NEWCASTLE CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $296,579,434 |
|---|---|
| Federal Spending · Per Capita | 7,118.70 (vs Oklahoma $7,371) |
| Federal Spending · Population | 41,662 people (vs Oklahoma 63,420) |
Sources: USAspending API
Other
| Pct Drove Alone | 81.6% |
|---|---|
| Pct Public Transit | 0.2% |
| Pct Walked | 11.0% |
| Retirement Score · Median age | 38.4 years (vs Oklahoma 35.2y) |
| Retirement Score · Ss Household Pct | 29.4% |
| Retirement Score · Hospitals Nearby | 1 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | hospital access, VA nearby |
| Retirement Score · Rating | fair |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12